863 Mill Race Rd Madelia, MN 56062
Estimated Value: $383,000 - $406,512
3
Beds
2
Baths
1,707
Sq Ft
$233/Sq Ft
Est. Value
About This Home
This home is located at 863 Mill Race Rd, Madelia, MN 56062 and is currently estimated at $398,378, approximately $233 per square foot. 863 Mill Race Rd is a home located in Watonwan County with nearby schools including Madelia Elementary School, Madelia Secondary School, and St. Mary's Catholic Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 5, 2023
Sold by
Engeman Jordan and Engeman Anastacia
Bought by
Thompson Cody and Thompson Cassandra
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$146,306
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$252,072
Purchase Details
Closed on
May 26, 2021
Bought by
Engeman Jordan Jordan
Purchase Details
Closed on
Mar 27, 2020
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Thompson Cody | $380,000 | -- | |
Engeman Jordan Jordan | $358,800 | -- | |
-- | $27,100 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Thompson Cody | $150,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $5,466 | $399,100 | $39,700 | $359,400 |
2024 | $4,948 | $399,600 | $39,700 | $359,900 |
2023 | $5,444 | $369,600 | $25,700 | $343,900 |
2022 | $5,098 | $354,700 | $23,400 | $331,300 |
2021 | $232 | $297,000 | $21,600 | $275,400 |
2020 | $222 | $10,800 | $10,800 | $0 |
2019 | $228 | $10,800 | $10,800 | $0 |
2018 | $0 | $10,800 | $10,800 | $0 |
2016 | -- | $10,800 | $10,800 | $0 |
2014 | -- | $10,800 | $10,800 | $0 |
Source: Public Records
Map
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